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The Virtual Corporation Does All Its Business Online with Partners

question 280

True/False

The virtual corporation does all its business online with partners considered a permanent part of the network.
Although it is possible for firms that are connected virtually to interact online,the term refers to the fact that the functional units of this type of corporation do not have permanent ties to any one corporation.The core firms hire other companies to partner with it on an as needed basis.

Understand why direct order is preferred for good-news and neutral messages.
Recognize the various types and purposes of internal operational messages.
Be able to draft messages that adjust to policy changes effectively.
Learn how the assessment of a reader's reaction influences the construction of a business message.

Definitions:

Balance Sheet

A financial statement that shows the company's assets, liabilities, and shareholders' equity at a specific point in time.

Asset

An economic resource owned or controlled by an individual or business, expected to provide future economic benefits.

Depreciation Expense

An accounting method of allocating the cost of a tangible or physical asset over its useful life.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded for an asset since it was put into use, reducing its book value.

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